Customers unable to access Revolut app after digital bank suffers outage March 1, 2019 Revolut customers were unable to use the digital bank’s app this morning after the firm suffered a technical glitch. The Revolut app was unable to process card top ups and money transfers for at least four hours today while the challenger bank attempted to fix the problem. Read more: Revolut pushes ministers for fast-track tech [...]
‘Don’t believe everything you hear,’ Huawei tells Wall Street Journal readers March 1, 2019 Huawei has taken out a full-page advert in the Wall Street Journal, telling readers “Don’t believe everything you hear”, in an attempt to salvage its tarnished reputation in the US. Read more: Huawei takes ground from Apple and Samsung in smartphone war Catherine Chen, a director at the Chinese telecom giant, claimed the US government [...]
London startup numbers rise in face of Brexit uncertainty March 1, 2019 The number of new startups created each year in London is higher now than it was before the EU referendum, according to public data. While 205,325 new businesses started life in 2016, the year of the Brexit vote, entrepreneurs founded 216,204 companies last year, the Office for National Statistics (ONS) data reveals. Read more: The [...]
Snoop Dogg-endorsed fintech Klarna issues shares in £82m fundraising round March 1, 2019 Online payments firm Klarna has issued shares in a bid to raise 1bn Swedish krona (£82m) from existing investors, and said it will launch a larger external fundraising round later in the year. The Swedish fintech company, which in January welcomed a $2.5bn from none other than rapper Snoop Dogg, acquired a Swedish banking license [...]
Strong and stable: London extends lead as Europe’s top hub for unicorn startups March 1, 2019 London has cemented its status as the home of more young billion-dollar tech companies than any other European city, taking home the crown for ten consecutive years. Read more: Female fintech leaders highlighted as sector battles gender imbalance The number of so-called unicorn startups – private businesses valued at $1bn (£752.6m) and founded after 2000 [...]
The NHS needs to act more like WeWork March 1, 2019 A&E waiting times are at their worst level for 15 years. In 2018, more junior doctors left the NHS than stayed. Doctors and nurses are facing untold pressures, with things set to get worse as European recruits dry up ahead of Brexit. The health service is facing a critical staffing crisis which could prove fatal. [...]
Serial fintech entrepreneur Marta Krupinska focused on diversity as she relaunches Google for Startups UK February 28, 2019 Fintech entrepreneur Marta Krupinska has vowed to make diversity a priority as she takes over the reins at the relaunched Google for Startups UK. Read more: Revolut pushes ministers for fast-track tech visas Krupinska, who shot to fame after founding Azimo, the digital money transfer app, has been tasked with overseeing the Google project as [...]
Female fintech leaders highlighted as sector faces continued lack of gender diversity February 28, 2019 Senior figures at major banking and professional services firms including HSBC, Barclays, Schroders and Monzo have been recognised on a list of women excelling in Fintech. A total of 35 women including HSBC head of digital innovation Diana Biggs, Starling Bank founder Anne Boden and Monzo chief technology officer Meri Williams were highlighted on Innovate [...]
Fedex creates Segway-inspired delivery robot with Pizza Hut and Walmart February 28, 2019 Fedex has unveiled a pizza delivery robot that will hit the streets this summer. Read more: What’s on your tech radar for 2019? Pizza Hut and Walmart are both on board, with trials set to begin soon in cities across the US, including in Fedex’s hometown of Memphis. The autonomous bot, which is powered by an [...]
Software developers beat average UK salary by 154 per cent February 28, 2019 Top developers earn 154 per cent more than the average Brit, a report released today has revealed, with blockchain fuelling a rise in employer demand for such skills. Read more: Blockchain oil firm taps former JP Morgan director as new chief Software supremos command an average salary of £71,000 a year compared with the UK [...]